Cost Accounting - Chapter 1 1. Flexibility is said to be the hallmark of modern management accounting‚ whereas standardization and consistency describe financial accounting. Explain why the focus of those two accounting systems differs. Financial accounting is more about the bigger picture—it evaluates the finances of the organization as a whole‚ using historical‚ quantitative‚ monetary‚ and factual data. It is more formal and requires the use of GAAP. The information financial accounting
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positive returns of it. The expected advantages of forming alliances are sharing partners’ strength‚ dispersing costs and risks‚ acquiring resources‚ and learning from partners. Quite in line with the reasons for forming alliances‚ reasons for forming M&As are increasing market or political power‚ reaching economies of scope or synergies‚ and reducing of transaction and information costs. However‚ some studies reveal there are not only positive effects after forming alliances or M&As. Hagedoorn
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1. What are the four matters you are most knowledgeable about? Gender Equality I chose gender equality because our country has made some amazing progress came with equal rights for everybody I feel we have more steps to go. Men and women should all be treated equally. Wearing a helmet on a motorcycle I chose this topic on wearing helmets on a motorcycle because this could be the true meaning of life and death. The most widely recognized reason for death in motorcycle accidents is head injuries
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2.a Explain how economic systems attempt to allocate and make effective use of resources. We have 3 types of economy system: - Market economy - Command economy - Mixed economy * Market economy: based on private companies‚ a lot of decisions based on market mechanism. In nature‚ market economy is decentralized‚ flexible‚ practice and can be change. Supply‚ demand and solvency influence on deciding ( còn thiếu) * Command economy: * Mixed economy:
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Life is what you make it A little boy called Andy was asked to audition with his classmates for a part in the school play. His mother knew that he had his heart set on being in the play and she was worried about how he would react if he wasn’t chosen. On the day that the parts were given out‚ Andy’s mother went to the school to collect him feeling anxious about the outcome. Seeing his mother Andy rushed up to her‚ his eyes were shining with pride and excitement. "Guess what Mum‚" he shouted
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This paper explores one of the fundamental processes in most businesses‚ the make-or-buy decision. This research scrutinizes the theory related to the make-or-by decision‚ its importance in businesses strategy‚ criterions to be considered in the process as well as its advantages and disadvantages. Further investigation conducted revealed the reality of make-or-buy decision and it was found that decision makers rarely apply strategic decision making rules based on sound reasons resulting in unpremeditated
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How People Make Economic Decisions Peggie J Garrett Eco 212 April 6‚ 2011 David Lantz How People Make Economic Decisions The individuals have to make decisions all the time and there is always something to take some time to make sure that the choice will benefit the individual. The same individual has to decide if the decision will cause a monetary burden. Principles of individual decision-making are people make tradeoffs‚ when people choose one thing they give up something else‚ rational
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CHAPTER I Problem and Its Background Introduction A new age has begun‚ an age of high technologies wherein most of us were using. Because of the knowledge given by the Lord Almighty‚ humans had done a great job in taking the people’s way of living to a new level. New technologies are only one of the main reasons why several institutions and companies reach their success. Computerized systems help them in monitoring‚ storing and securing files in a well-developed manner that a manual system
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What makes an American an American? Is it the accent‚ the clothing‚ the fact that you can speak the English language‚ or is it the fact that you were born on American soil? I believe it’s certain characteristics that set us apart from other countries. The fact we are self-reliant‚ and competitive‚ and the compassion we bring to others are some‚ of many‚ American characteristics that help set us apart. These are the three characteristics that I have chosen to write about. Our self-reliance
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enterprise. They are the company’s most vital asset’ (Plumbley‚ 1976). Recruitment and selection have been the important human resource functions of an organization which are been thought of matching process between applicants and enterprises. Selection process begins as the job advertisement and receiving the reply from the applicant or some unsolicited enquiries. In order to catch the suitable candidates and obtain the right person for the job‚ HR should make a series of obstacles to eliminate
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